asset bubbles 资产泡沫(asset bubble的复数)
- In 1997, when overseas hot money fled as asset bubbles in these countries burst, some emerging-market countries, Thailand, for example, found themselves essentially bankrupt.
1997年,这些国家的资产泡沫破裂的时候,海外热钱纷纷逃离,某些新兴市场国家如泰国,发现自己基本上破产了。 - By contrast, there were no asset bubbles to speak of in the Bretton Woods era and (not coincidentally) scarcely any financial crises.
相比之下,在布雷顿森林体系的时代,根本没有资产泡沫,也没有什么金融危机(这并非偶然)。
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